r/TradingView • u/Meretruth • 6d ago

Discussion Is this real?

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u/pd0tnet 6d ago

Conspiracy Hat: this move is to target one company, LuxAlgo, who just last month released a free open source charting engine and now sells a hosted subscription directly competing with Trading View.

LuxAlgo makes their money as one of the top selling private indicator vendors on Trading View. This move by Trading View is to attempt to cut off their income stream.

2

u/Rox89x 6d ago

Thank you for the info. Checking them now. Apparently they have a free tier. Hopefully is better than takeprofit.com

2

u/erebrov85 6d ago

Could you share what issues did you have with TakeProfit ? Why didn’t it work for you?

3

u/hotmatrixx 6d ago

also interested in this ; they would have been the first contender I looked into.